North Korean Hacking Group May Be Behind Malware-Laden Fake Crypto Site
A new and hard-to-detect macOS malware variant has been discovered lurking on a fake cryptocurrency trading site. Source
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Exchanges
MUFG Teaming up With Indeed.com Owner to Launch Digital Currency for Payments: Report
Japan's MUFG Bank and Recruit Holdings are reportedly launching a digital currency as part of a new payments venture. Source
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Gemini Hires Former Starling Bank Founder as Managing Director of Europe
In the past 18 months, Gemini has added several senior leaders to its ranks. The former global head of financial crimes at Morgan Stanley, Noah Perlman, joined Gemini as its chief compliance officer; its chief security officer, David Damato, came from cybersecurity firm Tanium; its new general counsel, Sydney Schaub,
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State Street Slashes DLT Developer Team as Bank Rethinks Blockchain Strategy
“If something is Fabric-related we still have some Fabric engineers on board,” said Achkar, who runs a digital asset product development and innovation team in London, complemented by similar teams in the U.S. and Singapore. But his objective is to identify the best business cases, rather than the best protocol,
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Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom
In light of the earlier-than-expected uptick, Conner drafted EIP 2384, the Istanbul/Berlin Difficulty Bomb Delay, included in EIP 2387. In a little over six weeks, block times have increased from 13.1 to 14.3 seconds, Conner said. And, as the difficulty bomb is an exponential feature of ethereum, a one-second change
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Global Android Vulnerability Could Grab Wallet and Banking Data
The exploit works by highjacking a legitimate app as it's launched on almost any Android phone. Instead of going to the welcome screen or login page, the exploit allows a piece of malware to display so-called permissions pop-ups, the kind that asks if the app can access your contacts, location,
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Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion
“Back in the 90's many of us intuitively understood the Internet was a powerful new infrastructure but it took Marc Andreeseen with Mosaic and then Netscape to make this powerful new infrastructure accessible to a broader audience,” he said. “DeFi, or decentralized finance, feels just as profoundly transformative today as
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MARKETS DAILY: China Picking Winners While Traders Wonder
This time we're talking winners and losers in China's increasingly top-down crypto industry, the implications behind former CFTC chairman Giancarlo's just-announced move to white-shoe law firm Willkie Farr & Gallagher, and more. Source
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Student Lender SoFI Gets NY BitLicense, Clearing Way to Offer Crypto Trading
“Putting our members’ interests first is our top priority at SoFi,” he said. “That includes both offering individuals the products they want, like cryptocurrency within SoFi Invest, as well as protecting them, through a solid regulatory framework like that created by the New York State Department of Financial Services.” Source
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Court Backs Nordea Bank Bid to Block Staff From Trading Crypto
Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work. Source
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